
Russia has changed how it trades, and now about 90% of its business with China is done using their own currencies instead of US dollars.
This move, called “de-dollarization,” helps Russia and China work more closely together and depend less on the US dollar.
Also, more than half of Russia’s trade with India now uses Jocal currencies. This shows Russia is trying to work with more countries and lessen the effects of Western sanctions.
These changes show a big shift in how countries trade, as Russia, China, and India are building their own economic systems, which could lead to a more balanced global economy.